Bank Negara Malaysia announced revisions to the credit cards guidelines on 2 July 2019. For more details, please visit www.bnm.gov.my
As guided by Bank Negara Malaysia (BNM)’s policy on Credit Cards, principal cardholders are restricted to:
- Principal cardholders must be at least 21 years old with a minimum annual income of RM24,000.
- Principal cardholders earning RM36,000 per annum or less are restricted to:
- Only holding credit cards from a maximum of two credit card issuers
- Having a maximum credit limit of two times their monthly income per credit card issuer
At UOB, we are focused in ensuring that we provide necessary solutions/ options to all affected customers with annual income RM36,000 or less. However, if your latest income is above RM 36,000 p.a., you will be exempted from the above guidelines.